So, you’re looking for a beginner’s guide to affiliate marketing?
Well, Dave Sharpe’s new book called the Insider’s guide to affiliate marketing lays everything out for you.
He’s put together an ebook that goes through what he calls the Affiliate Domination Formula.
Dave has used this same formula to build his own profitable online business to generate hundreds of millions of dollars in profit.
Are you ready to learn the formula for success? Let’s dive right in…
What Is Affiliate Marketing?
Affiliate marketing is the process of selling and recommending products you do not own. The main task that is required is driving traffic to the affiliate offers you are promoting and mastering conversion rate optimization.
What’s Inside The Beginner’s Guide To Affiliate Marketing?
The Insider’s Guide to Affiliate Marketing is an ebook by Legendary Marketer that gives a complete walkthrough of affiliate marketing for beginners.
There are 3 parts to the affiliate marketing guide:
- The Foundation to Success
- Affiliate Domination Formula
- The Foundation To Longevity
There’s so many options out there when you’re starting an online business that things can get overwhelming pretty quickly.
This beginner’s guide to affiliate marketing takes you by the hand. It shows you why affiliate marketing is the best online business model to start.
Plus, you’ll learn what the best products are to promote and the niches you should go into and also stay away from to achieve success online.
The Affiliate Domination Formula is all about how to get traffic and convert those people into customers.
The good thing is that it’s a super simple formula.
Here’s the overview of the Affiliate Domination Formula:
- Get High Quality Evergreen Traffic (think Youtube and blogging)
- Create a 2 page funnel for optins and sales
- Split test and track your clicks and sales with ClickMagick
- Do Product Launches to maximize profits
Now, once you’ve got the foundation in place of selecting your niche and applying the formula it’s time to ensure longevity.
By making sure you’re staying compliant and accounting for taxes on the commissions earned, you’ll be able to keep running a growing business long-term.
Lengendary Marketing does an amazing job of actually explaining both compliance and taxes in the Beginners Guide to Affiliate Marketing ebook.
This is something that not very many people talk about but is crucial to running a business online.
What’s The Online Business Builder Challenge?
The Online Business Builder Challenge is a 15 day training that takes you step by step to start and scale up your online business.
Over the course of the 15 days of the challenge, you’ll have several calls with a business plan advisor. When I went through the challenge, there were two days unlocked at a time and once I had a call with my advisor they would unlock the next few days for me.
The main goal with these calls is to see where you’re at on your journey of building an online business and create a personalized business plan for your business. The business plan is centered around the concept of a value ladder, which I gave an overview of earlier on in this post.
In particular, Legendary Marketer lays out the following 4 main steps to have as part of your value ladder:
- Affiliate Marketing Products
- Digital Products
- Events & Masterminds
- Coaching & Consulting
One thing to stress here is that you may not want to ever do an event or coaching for your business and that’s PERFECTLY FINE!
There are solopreneurs out there that are only promoting affiliate marketing products and their own digital marketing products without ever stepping foot into events or coaching.
By focusing on these two, you’ll likely have a more passive business model that doesn’t require to be slaving away at your work 24/7.
What’s cool about this is that you can still easily earn well over six figures or seven figures every year just by doing affiliate marketing and digital products! 😀
Not only do you get your own business plan advisor, but you’ll also get some pretty EPIC bonuses completely for free along the way!
How To Get Started With Affiliate Marketing
In order to build a long-term and profitable business, you need to excel at ALL 3 of these steps:
- Build An Audience
- Create Value & Establish Trust
Step 1: Build An Audience
How do you get an audience (a.k.a traffic)?
There’s tons of ways to do this, but my #1 strategy that I personally use is content marketing. Specifically, I write valuable blog posts that rank in the search engines.
Namely Google, Bing, and Yahoo to name a few search engines.
By ranking when someone types in a specific keyword, I’ll then get traffic when someone clicks on my website. From there, a small percentage may buy what I’m recommending or they may join my email list.
Step 2: Create Value & Establish Trust
Why is an email list important?
Well, your email list is a way of following up with your subscribers and visitors to your blog.
You’ll have the opportunity to share your story with your audience and send traffic back to your blog or any other content you’re creating.
All of this is done with one goal: establishing trust through relationships.
That’s right! If you think about it, when a friend or family member recommends something you’re highly likely to at least consider it.
Online marketing is no different.
Instead of throwing out seemingly random offers and spamming links, you need to build your audience and establish trust.
This brings us to the final step: monetize.
Step 3: Monetize
Monetizing your traffic at this point should be extremely easy!
Because you’ve built the foundation that’s required to offer and recommend a product to someone.
In other words, your audience trusts and have received so much value that they feel obligated to buy something from you. In turn, they want to buy everything you recommend.
What Are The Best Affiliate Programs And How To Find Them?
Once you’ve solidified the niche you’re going after, it’s time to decide what affiliate programs to promote.
The best thing to do is start off with the name brands and type in the name brand plus affiliate program into Google.
That should pull up some affiliate sign up pages for a lot of the companies and products you may be interested in promoting.
Name brands are always the best to start going after since they’ve got credibility.
Major Affiliate Networks
A lot of big companies and brands may also be under large affiliate networks.
This means you sign up to an affiliate network such as CJ Affiliate or Shareasale to then get the links for other companies as an affiliate.
High Ticket Affiliate Programs
One of the big things to be looking for is the commission structure of the company you’re an affiliate for.
The higher the commission percentage the higher the payout you’ll receive at the end of the day.
Why is this important?
Well, if you’re selling high ticket products worth more money per sale then you only have to convert a smaller number of customers.
This means you can make more money with less traffic!
Monthly Recurring Affiliate Programs
If you can find a reputable affiliate program with monthly recurring commissions, then it’s definitely worth your time signing up for.
By promoting a monthly recurring commission product, you get a steady recurring income month after month.
This once again is a great way to earn more money with less traffic potentially.
Affiliate Marketing (Frequently Asked Questions)
Affiliate marketing is the process of promoting another company’s product and receiving a percentage of the sale as a commission. For beginners, affiliate marketing is the best business model to start with online. You want to focus on driving traffic to offers with organic evergreen content. This ensures you can get started with a minimal budget and grow over time.
The best affiliate marketing programs are high ticket affiliate programs and monthly recurring affiliate programs. By focusing on these, you’ll have the potential to earn more money with the same customer. Plus, you can earn more with less traffic.
In order to succeed in affiliate marketing you need to master driving traffic and converting that traffic into customers. The more traffic you send,the more you can split-test headlines and pages to get things working optimally.
The amount of time it takes to become a successful marketer varies dramatically. There’s so many ways to drive traffic and earn commissions that putting an amount of time would be irrelevant. You simply need to keep consistency over time and you’re bound to achieve success.
Yes, but the percentage of those who do is extremely low.
Beginners Guide To Affiliate Marketing Conclusion
This post just scratches the surface of affiliate marketing.
If you want a comprehensive beginner’s guide to affiliate marketing, then be sure to check out Legendary Marketers affiliate marketing ebook.
It goes in-depth on all of the topics I covered and so much more.
You also get access to the 15 Day Online Business Builder Challenge when you get the guide as well.
Legendary Marketer Bonuses
In addition to the Insider’s Guide To Affiliate Marketing, I’m also going to give you some bonuses of my own for getting the the ebook and starting the Legendary Marketer Online Business Builder Challenge.🙂👍
Here’s what you get:
- #1: UNLIMITED Email and Chat Support (Priceless)
- #2: Group Convert Software
- #4: ClickFunels Massive Share Funnel Library + White Label Rights
- #5: Million Dollar Ad Swipe Library + White Label Rights
- #6: The Ultimate List Of Lifetime Recurring Affiliate Programs
- #7: Black Book Of My TOP Preferred Solo Ad Vendors + White Label Rights
My bonuses are bound to save you tons of time and help you on your journey with affiliate marketing.
It’s now or never. It’s time to get the ebook and start the challenge!
I hope you enjoyed this post and got some value from this Beginners Guide To Affiliate Marketing post. This post contains affiliate links. This means I may make a small commission if you make a purchase.